Road To Brexit: A Contingency For Insurers

Following the UK voters' decision to exit the European Union, several financial services firms, including insurance companies, are in the process of analyzing possible contingency plans to shift their European business to another member state, with Malta posing as an attractive option in this regard.

What does Malta have to offer?

Several factors render Malta as an attractive jurisdiction, including its location in the centre of the Mediterranean, stable political situation, excellent communications, and its well-educated, adaptable and English-speaking work force. There are no restrictions on movement within the EU, since Malta is a Schengen member state.

Further factors which attribute to Malta's appeal as a destination of choice are: